Full Year 2018 Kingspan Group PLC Earnings Call Transcript

Feb 22, 2019 / 08:30AM GMT
Operator

Ladies and gentlemen, welcome to the Kingspan 2019 preliminary results.

My name is Jake. And I'll be your coordinator on today's call. (Operator Instructions)

I will now hand you over to your host, Gene Murtagh, CEO, to begin. Gene, please go ahead.

Gene M. Murtagh - Kingspan Group plc - CEO & Executive Director

Hi. Good morning all, and welcome to the results call from Kingspan.

We will take you directly to Page 12 in the presentation, which hopefully, you've all got. It's titled 2018 In Summary.

So in essence, it was a great year for Kingspan. Revenue up 19% to EUR 4.4 billion. Underlying revenue was up around 5%. And the rest, taking into account acquisitions and currency, was the remainder. Profit was EUR 445 million, up 7% on underlying level, 18% in total. And basic EPS was up 16% at EUR 0.184.

There was growth largely right across the piece both at an organic and acquired level, panels up 21%, boards up 12%. Light & Air almost reached EUR 300 million in revenue and some improvement at the margin,

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